April 13, 2026

ETH is Down but Not For Long

ETH is Down but Not For Long

ETH is Down but Not For Long

ETH is Down but Not For Long

ETH/USD COINBASE:ETHUSD
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ETH is Down but Not For Long

ETH has dropped, tapping about $2950. Looking left on the daily chart , however, we can see price broke out of an ascending triangle pattern, and then created a new higher high at $3,585, indicating that the long term trend is bullish . I believe we find a floor above $2800 before pumping back into the highs, hopefully making a new higher high above $3,585 over the next few days.

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